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OGC-85-12 1 (1985-06-24)

handle is hein.gao/gaobabnsd0001 and id is 1 raw text is: Z 211COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON D.C. 20548 June 24, 1985 B-216664 To the President of the Senate and the 127365 Speaker of the House of Representatives This letter reports a deferral of General Services Administration (GSA) budget authority that should have been, but was not, reported to the Congress by the President pursuant to the Impoundment Control Act of 1974. Section 1015(a) of the Impoundment Control Act (2 U.S.C. S 686(a)) requires the Comptroller General to report to the Congress whenever he finds that the President, the Director of the Office of Management and Budget (OMB), the head of any department or agency of the United States, or any other offi- cer or employee of the United States has ordered, permitted, or approved the establishment of a reserve or deferral of budget authority, and the President has failed to transmit a special message with respect to such reserve or deferral. This report is submitted in accordance with the requirement imposed by section 1015(a) and under that section has the same effect as if it were a deferral message transmitted by the President. The deferral in question occurs in the National Defense Stockpile Transaction Fund. This fund was established by Congress in 1979 to provide for the acquisition of certain strategic and critical materials, in order to preclude the dependency of the United States upon foreign sources for sup- plies of such materials in times of national emergency. Gen- erally, the moneys received from the sale of materials in the National Defense Stockpile are deposited into the Fund. These receipts are to remain in the Fund until appropriated by Congress for the acquisition of strategic and critical materi- als (and for transportation related to such acquisition). 50 U.S.C. S 98h (1982). For fiscal year 1985, the Continuing Resolution (Pub. L. 98-473) incorporated a provision in the conference version of the Treasury, Postal Service and General Government Appropria- tions bill which provides that up to $185 million, in addition to amounts previously appropriated (all to remain available until expended) may be obligated from amounts in the National Defense Stockpile Transaction Fund. GAO/OGC-85-12 0_5Iv

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